The UK has already secured its first gigafactory in Northumberland, with global car giant Nissan recently confirming a £1 billion commitment to produce EV batteries and a new electric car at its base of operations in Sunderland.
To support those, Altilium is developing a pilot plant scheduled to be operational by mid-2022, which will be the first demonstration in the UK of EV battery recycling under commercial conditions which is a significant innovation in sustainable energy.
The pilot plant completion will trigger the investment decision for the first large-scale plant in the UK processing battery waste from 20,000 EVs per year and the company's ambition is to have a recycling plant at each of the UK gigafactories by 2040.
About Altilium Metals Ltd
Altilium Metals is a UK based circular economy critical EV battery metals supplier. Its mining assets include nickel, cobalt and manganese. In Europe it is recycling copper from mine waste and tailing at its Solvent Extraction-ElectroWinning Plant (SX-EW).
The company has the goal of becoming a key lithium-ion recycling group as it develops its recycling technologies.
Altilium Metals' MEDET Solvent Extraction-ElectroWinning Plant (SX-EW) in Bulgaria
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